Does the Deer Solution Statement of Cash Flows include information about liabilities?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying financial statements of Deer Solution Franchising, LLC (the Company), which comprise the balance sheets as of December 31, 2024 and 2023 and the related statements of operations, members' equity (deficit), and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
Based on the 2025 Deer Solution Franchise Disclosure Document, the independent auditor's report indicates that they audited the statement of cash flows. However, the excerpts provided do not specify whether the Statement of Cash Flows itself includes detailed information about liabilities.
The auditor's report for Deer Solution states that the audit includes the balance sheets, statements of operations, members' equity, and cash flows. This suggests a comprehensive financial review, but without seeing the actual Statement of Cash Flows, it's impossible to confirm if liabilities are explicitly detailed within that statement.
A prospective Deer Solution franchisee should request a copy of the Statement of Cash Flows from the franchisor to review its contents. They should also inquire about the specific line items related to liabilities and how these are managed and reported. Understanding the liabilities is crucial for assessing the financial health and stability of Deer Solution.